ACCOUNTING RECOBDS FOR COUNTRY CREAMERIES. , 9 



serve as the patron's ledger account. On the statement are arranged 

 columns for the following information: Date, cream or milk, test, 

 pounds of butter fat, price, amount, and deductions on account of 

 charges to patrons as follows: Pounds and amount of butter, hauling, 

 and sundries. 



The form is designed to accommodate 10 entries of deliveries during 

 the month, but in case patrons make a greater number of deliveries, 

 the statement may be extended to any desired length. 



This form has the advantage of presenting to the patron in com- 

 pact arrangement all the facts regarding his account. It facilitates 

 also the detection of possible errors in calculation. In this connection 

 the patron always should be urged to verify the statement of the 

 creamery with his own records before detaching and cashing the 

 attached check. 



OPERATING STATEMENT. 



The operating statement (Form No. 6, pp. 29-31) is designed for the 

 purpose of facilitating the gathering together of the items of income 

 and expense in order that the amount distributable to patrons may 

 be shown. All items of income, expense, and distribution ordinarily 

 required in country creameries are represented in detail, and columns 

 are provided for the amounts of these items. The different accounts 

 in the books are classified under income, deductions, reserves, and 

 payments to patrons, so that the various steps necessary to the final 

 distribution of the net income of the creamery follow in their proper 

 sequence. 



Included with the operating statement is a statement of statistics 

 and formulas for computations. The statistics include data of 

 interest in reference to the conduct of the creamery or of use in com- 

 puting costs. The computations are designed to explain the method 

 of arriving at the proper distribution of values as recorded on the 

 operating statement. 



For the convenience of the creamery a working sheet "for trial 

 balances or other general purposes has been provided on the reverse 

 side of the operating statement. All the figures regarding the opera- 

 tion are thus practically consolidated on one sheet. 



THE PATRON'S SETTLEMENT SHEET. 



The patron's settlement sheet (Form No. 7, p. 32) is one of the 

 more important forms in the accounting system. Upon it is based 

 the distribution of income due patrons for raw material. This sheet 

 provides for the recording of the names of patrons, their numbers, 

 pounds of milk or cream, pounds and value of butterf at, pounds and 

 value of skim milk, and gross amount to be distributed for raw mate- 

 rial. Deduction columns are included for such items as butter sold 

 to patrons, hauling expense, sundry expense, amounts paid by check, 

 and the amount of current overdrafts. 

 92644°— Bull. 559—17 2 



